Have you ever seen one of those Mega jackpots giving away hundreds of millions of dollars and thought, “I’d be happy if I could just win a fraction of that amount?”
With the Powerball jackpot at a record $1.5 billion, everyone wants a piece of the action. The chances of winning the lottery are very small and no matter what you do, there is no magic bullet. The odds of winning the jackpot are about one in 292 million, but the odds of winning any prize are one in 25. The lottery pools are a ways to increasing your odds without increasing your financial investment in a long-shot dream.
Jackpot Buddy is a lottery club where people get together and pool their money to purchase a whole bunch of tickets. The advantage to this is that everyone now has a better chance of winning. Rather than just having your own tickets, you now have a chance with 600 or even more tickets.
The winning ticket will share the prize with all the participants.
But a piece of a prize is better than no prize at all!